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Microcap & Penny Stocks : WCAP - Winfield Capital: Insider buying
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To: Tom Hua who wrote (688)4/11/1999 10:33:00 PM
From: ndfwiz   of 1305
 
Tom:

You have a lot of guts, good luck.

Looking at the 3 month chart for this stock (check www.askresearch.
com), there is a similar spike on March 15th, from 12 to 25. The stock pulled back following day to around 17.5 and ended that week at around 16.

If history repeats itself, then the scenario plays out as follows, WCAP opens higher at 45-50 but closes Monday around 40. It eventually ends week in high 30's. It then consolidates for a push to even higher levels (100)?

Good luck to all!
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